Share of Mercury Ev-Tech Limited is currently trading at around Rs.92/-. Existing as well as Prospective Investors are asking for Mercury Ev-Tech Share Price Target 2024,2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Mercury Ev-Tech Share Price Target 2025,2030,2035 & 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Mercury Ev-Tech Ltd:
Mercury EV-Tech Ltd has been experiencing significant growth in the electric vehicle (EV) sector, leveraging its strategic position in the market. The company, known for its presence across the EV ecosystem, has been expanding its capabilities through investments in research and development (R&D). Recently, it established an R&D center focused on developing a range of products, including electric two-wheelers, three-wheelers, and battery technologies. This move aligns with the company’s broader strategy to innovate and cater to the growing demand for clean energy solutions
Financially, Mercury EV-Tech has delivered strong stock performance, with its share price appreciating notably in recent months. As of October 2024, the company’s share price is around ₹132.60, with projections suggesting potential growth targets of ₹150 by the end of 2024 and up to ₹350 by 2030. The company’s market capitalization stands at approximately ₹2,111 crore, and it maintains a high price-to-earnings (P/E) ratio, which has sparked discussions about its valuation and future profitability
Mercury EV-Tech has also expanded its manufacturing capabilities through its subsidiary, PowerMetz Energy, which focuses on battery production. The company aims to increase battery production capacity significantly in the near term, which could enhance its market presence in the EV battery segment
Looking forward, Mercury EV-Tech’s growth prospects are closely tied to the expanding EV market, both domestically and globally. The company’s focus on R&D and battery technology positions it well to capitalize on the increasing demand for electric mobility solutions. However, challenges remain, including competition in the EV space and the need for careful capital allocation given the high valuation and absence of dividend payouts
.
Overall, Mercury EV-Tech Ltd appears poised for continued growth, supported by its strategic investments and favorable market dynamics. Investors see the company’s potential in a rapidly evolving industry, though the stock’s high valuation calls for a cautious approach.
Share Price Targets:
Mercury Ev-Tech Price Target 2024
Based on the above discussion and analysis, the share price of Mercury Ev-Tech is likely to touch the level of around Rs.100-105 in 2024
Mercury Ev-Tech Price Target 2025
Based on the above discussion and analysis, the share price of Mercury Ev-Tech is likely to touch the level of around Rs.115-120 in 2025
Mercury Ev-Tech Price Target 2030
Based on the above discussion and analysis, the share price of Mercury Ev-Tech is likely to touch the level of around Rs.190-200 in 2030
Mercury Ev-Tech Price Target 2035
Based on the above discussion and analysis, the share price of Mercury Ev-Tech is likely to touch the level of around Rs.315-350 in 2035
Mercury Ev-Tech Price Target 2040
Based on the above discussion and analysis, the share price of Mercury Ev-Tech is likely to touch the level of around Rs.550-600 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
Read Also:
How to make maximum profit with minimum investment from the Stock Market ? – MoneyInsight
Also Read :
How to make money from share market? (indiatimes.com)
Visit our Website regularly for more such Educational Research Articles:
MoneyInsight – We Provide Insight to Your Money
